The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-04-30

On the Produce Exchange. To-Day. the Dutter
market WAS steady: creamery, l60 223c; dairy,
II a 20c Eggs, 10a Gle.
Receipts-Flour IL, 600 brls: wheat, 1000
bu corn. g. 900 bu; oats, 1l6 600 bu rye 600 bu;
barley. $4,000 BIZ. Shipments-Flour, 5000 bn;
wheat. IL 900 bu: corn, 1873, 900 bu oats, 81, 900
bu rye, none; barley, none.
r.. G. Dun Co.'S Review of the Week.
NEW YORK, April Or, G. Dun & Co.'S
Weekly Review of Trade says: 1.-THE interstate
bill is, doubtless, charged with much INTERRUPT
tion of business that does not belong to it, but
during the past week evidences have multiplied
of its harmful effect. By convincing proof that
Bostop's export trade would be destroyed. if
customary rebates and favoring rates were
refused, the commission was led to virtually
suspend the operation of the fourth section for
the benefit of the Boston roads. Pacific rail
roads obtained exemption and reduced their
rates, except the Union Pacific, which was by
error omitted In session at Atlanta the COM
mission was informed of many projected enter
prises, contracts for which had been suspended
until the question of rates could be settled A
| contract of CO. 600 tons of paving at Marlboro,
| n H., was refused, rates being advanced three
| times as much the expected profit.
| Vast quantities of freight accumu-
| late at many points awaiting results of
appeals the commission. Louisville mer-
chants offer complaints to injury in some
trades. New Orleans expected Improvement.
| but realized none. and finds bushes upset
| Cleveland feels the injury in important branches
! Hartford manufacturers find that the act threat
| ems to exclude them from many markets. Pitts
| burg and PHILADELPHIA attribute to the act much
| dulness, and iron manufacturers hold that they
| have already sustained large aggregate loss
| Thus, while reaction after the exceptional ac-
| tivity of March was predicted, real and consid-
cradle disturbance certainly results from the
law, and especially from the uncertainty as
| to its requirements.
| General reports of trade are nevertheless IA
vorAble, and it is cheering to note now hopeful q
| spirit is everywhere expressed. Money is gem
orally in good supply, although in demand at
| Nashville and tighter at New Orleans. Col
| ections continue fair, with improvement at Mil
waukee and a. Cincinnati. except In trades af-
| fected by strikes in building and manufacturing;
very good at Nashville, except in the tobacco
| trade, and less delayed than might be expected
| where real estate speculation RACES. At many
| points the unreasonable weather en- harnesses
| trade. The condition Of leading branches of
| business is apparently improving brighter
| sky is seen in the boot and shoe trade. with in
| creasng orders. better demand is seen for
| some kinds of leather, and the prices for the
| new clip Of wool at the West are higher than was
expected, though in Eastern markets there is nc
change Cotton has been slightly advanced by
manipulation; cotton goods are at present in
moderate request and print cloths shade
lower but the effect of exceptional purchases in
March has not YET passed.
wheat rose during the week, ana reacted
again. The battle between Western farmers
who think higher railroad rates should be borne
by consumers. and the worlds markets, which
refuse to advance does not go in favor of the
| farmers thus far. Coffee has been feverish. o.
all the great industries, the iron manufacture il
most unsettled because interstate changes may
check railroad building. while the projected in
crease in production of iron is heavy.
The business failures occurring throughout tn,
country during the last seven days number, fo
the United States. 164. and for Canada 2I. total
191. against 1919 last week and POT for the GORE
| Amending week of last YEAR